Vertiv (NYSE:VRT) Trading Up 4.5% – What’s Next?

Shares of Vertiv Holdings Co. (NYSE:VRT) were up 4.5% on Tuesday . The stock traded as high as $284.68 and last traded at $282.1520. Approximately 3,674,267 shares traded hands during mid-day trading, a decline of 46% from the average session volume of 6,799,693 shares. The stock had previously closed at $270.10.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Glj Research upgraded shares of Vertiv from a “hold” rating to a “buy” rating and set a $381.00 price objective for the company in a research note on Friday, August 7th. Oppenheimer reaffirmed an “outperform” rating and issued a $325.00 target price on shares of Vertiv in a report on Thursday, July 30th. JPMorgan Chase & Co. lifted their price target on Vertiv from $305.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. TD Cowen boosted their price objective on Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. Finally, Evercore set a $375.00 price objective on Vertiv in a research note on Wednesday, July 29th. Three analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $348.54.

Vertiv Stock Up 0.0%

The company has a market capitalization of $111.03 billion, a P/E ratio of 65.09, a PEG ratio of 1.16 and a beta of 2.06. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.38 and a quick ratio of 1.03. The company has a 50 day moving average of $297.84 and a 200-day moving average of $283.19.

Vertiv (NYSE:VRT) last released its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, beating analysts’ consensus estimates of $1.43 by $0.09. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The business had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.38 billion. During the same period last year, the business earned $0.95 EPS. Vertiv’s revenue was up 24.1% compared to the same quarter last year. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. As a group, equities analysts anticipate that Vertiv Holdings Co. will post 6.7 EPS for the current year.

Vertiv Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were issued a dividend of $0.0625 per share. The ex-dividend date was Monday, June 15th. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is presently 5.66%.

Hedge Funds Weigh In On Vertiv

A number of hedge funds and other institutional investors have recently modified their holdings of VRT. Norges Bank acquired a new position in shares of Vertiv in the 4th quarter valued at $808,701,000. Marshall Wace LLP grew its position in Vertiv by 265.6% during the 4th quarter. Marshall Wace LLP now owns 2,670,007 shares of the company’s stock worth $432,568,000 after purchasing an additional 1,939,749 shares during the last quarter. Alkeon Capital Management LLC increased its stake in Vertiv by 178.2% in the fourth quarter. Alkeon Capital Management LLC now owns 2,003,110 shares of the company’s stock valued at $324,524,000 after purchasing an additional 1,283,110 shares during the period. Ameriprise Financial Inc. raised its stake in Vertiv by 49.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,811,114 shares of the company’s stock valued at $361,033,000 after acquiring an additional 930,158 shares during the last quarter. Finally, Qube Research & Technologies Ltd acquired a new position in shares of Vertiv in the third quarter valued at approximately $125,331,000. 89.92% of the stock is currently owned by institutional investors.

About Vertiv

Vertiv is a global provider of critical digital infrastructure and continuity solutions for data centers, communication networks and commercial and industrial environments. Headquartered in Columbus, Ohio, the company designs, manufactures and services equipment and software that support power availability, thermal management and IT infrastructure management for a broad set of end markets, including hyperscale and enterprise data centers, colocation providers, telecom operators and industrial customers.

The company’s product portfolio includes uninterruptible power supplies (UPS), power distribution units (PDUs), battery and DC power systems, precision cooling and thermal management equipment, racks and enclosures, and integrated modular infrastructure.